Series A Junior Units means Partnership Units representing any class or series of Partnership Interest ranking junior to the Series A Preferred Units as to distributions or rights upon voluntary or involuntary liquidation, dissolution or winding-up of the Partnership, or both, as the context may require.
Series A Junior Units means Common Units and any class or series of Partnership Units hereafter issued and outstanding that are not Series A Senior Units, Series A Preferred Units or Series A Parity Units.
Series A Junior Units means Capital Stock of the Company that, with respect to distributions upon Liquidation, ranks junior to the Series A Preferred Mirror Units, including but not limited to Class A Common Units, Class B Common Units, Class C Common Stock and any other class or series of Capital Stock issued by the Company or any Subsidiary of the Company as of the Series A Original Issue Date. “Series A Liquidation Preference” has the meaning set forth in Section 17.05. “Series A Notice of Conversion” has the meaning set forth in Section 17.06(b). “Series A Original Issue Date” shall mean the date on which the first Series A Preferred Mirror Unit is issued. “Series A Parity Units” means Capital Stock of the Company that, with respect to distributions upon Liquidation, ranks on a parity basis with the Series A Preferred Mirror Units, including the Series C Preferred Mirror Units. “Series A Price” has the meaning set forth in Section 17.07(b). “Series A Redemption Date” has the meaning set forth in Section 17.08(c).
Examples of Series A Junior Units in a sentence
The Series A Preferred Units shall, with respect to the payment of distributions and the right to receive the Series A Liquidation Preference upon a Liquidation, rank junior to all Series A Senior Units; rank senior to all Series A Junior Units, and rank in parity with all Series A Parity Units.